Wednesday, November 04, 2009
Billionaire Jim Rogers was on Bloomberg this morning and he sounded a little bit more cranky than usual, particularly when talking about current market conditions as they relate to the growing chorus of bubble callers, the most prominent of whom is Nouriel Roubini.
There's a related report at Bloomberg.com with a few more details, including another demonstration of Rogers' fixation with "homework".
Asked if he agreed with Roubini's recent bubble characterization for many asset markets, Rogers replied, "The only bubble I see forming in the Western world is the United States government bond market. ... It’s clear Mr. Roubini hasn’t done his homework, yet again."